Rising Energy Prices Linked to Middle East Tensions Increase Summer BBQ Costs
Your summer BBQ is about to cost more – here’s the surprising reason why
Fox Business
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As summer approaches, rising energy prices due to tensions in the Middle East are driving up propane and beef costs in the U.S. The average price of beef has surged by 16% over the past year, impacting consumers' grocery bills and barbecue expenses.
- 01Rising energy prices are linked to Middle East tensions, affecting propane and beef costs.
- 02The average price of beef increased from $8.70 per pound to $10.08 in one year.
- 03U.S. propane prices have surged nearly 19% since late February 2023.
- 04The U.S. cattle herd is at its smallest size in 75 years, contributing to tight supply.
- 05Higher energy costs are expected to persist, impacting consumer prices this summer.
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As the summer barbecue season approaches in the United States, rising energy prices driven by tensions in the Middle East are causing significant increases in propane and beef prices. According to Glynn Tonsor, a professor of agricultural economics at Kansas State University, these energy price hikes affect various aspects of the economy, including the food supply chain. Currently, the average price of beef has risen from $8.70 per pound in March 2025 to $10.08 a year later, reflecting a 16% increase. Additionally, U.S. propane prices have surged nearly 19% since the onset of conflict in late February 2023, further straining consumers as propane is essential for many backyard grills. The U.S. cattle herd is at its smallest size in 75 years, limiting supply due to factors like drought and an aging ranching workforce. Consequently, even if energy prices stabilize, beef prices are unlikely to decrease quickly, potentially leading to higher grocery bills and more expensive cookouts this summer.
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Consumers can expect higher grocery bills and more expensive barbecues this summer due to rising beef and propane costs.
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